In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With MTTR Stock Today?
Matterport Inc (MTTR) stock is trading at $3.60 as of 10:15 AM on Thursday, Jun 30, a decline of -$0.18, or -4.76% from the previous closing price of $3.78. The stock has traded between $3.56 and $3.74 so far today. Volume today is light. So far 618,194 shares have traded compared to average volume of 7,307,512 shares.
To screen for more stocks like Matterport Inc click here.
More About Matterport Inc
Matterport Inc is a spatial data company focused on digitizing and indexing the built world. Its all-in-one 3D data platform enables anyone to turn a space into an accurate and immersive digital twin which can be used to design, build, operate, promote, and understand any space.
Click Here to get the full Stock Report for Matterport Inc stock.
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